You can check out the excel sheet here: bit.ly/3kadHwa (This is a view only sheet. You will have to download it and then edit it) Get PDF Notes to this video at: bit.ly/3nYKKVe Get insurance advice from Ditto: bit.ly/3xFh7OU I use Zerodha to invest. You can start your investing journey too, through Zerodha. zerodha.com/open-account?c=ZMPHCY (PS: When you create a Zerodha account through this link, I get an affiliate fee. There is no additional charge to you) smallcase All-Weather-Investing (what I recommend for all of you, if you are just started investing in stocks): link.smallcase.com/eBDwWqpgocb
Sir I'm 17 and I learned about crypto and invested some money form my father and I also earned some huge amount but I'm currently studying but I'm unable teach my parents about crypto what can i do sir pls help ☹️ and I'm so busy with my studys
Hedge inflation with Bitcoin, hedge Bitcoin with Gold to generate wealth.And earnings from equities use it for daily needs. But first and foremost get an insurance. Getting insurance is like the contents page of a beautiful book called Returns!
I've seen many people explaining this but few can do it with such humor, warmth and in a reassuring manner. It feels like we are watching our cool all knowing (but very grounded) elder brother explaining the math before us..we are allowed to ask the stupidest questions because we genuinely feel nobody is judging...thanks for creating such an awesome channel and such a great virtual environment. It feels nice when that notification comes up. Keep going Ankur bhai.
@@warikoo Hi, I might be wrong but starting with 1 lakh and a SIP of 10k with increase of 10% every year at 15% return for 10 years would end up with 44lakhs approx but according to the video it says 88lakhs which is strange.
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then
This is one of the best videos on financial freedom I have seen. Making it so simple that literally anyone could understand it. I've always known the meaning of financial freedom but they way you put it in words makes it so simple. And I love the fact that this is not some overblown tactic you are trying to sell which will get us freedom by 30. But spitting facts on how something is possible, something is not and what one can do make it possible with math. Great video! Thank you!
I'm an architect in my field we start working individually in our 30s. This is quite frustrating because we don't get paid enough at our jobs. And also while working individually won't give much money to us....but nowadays after watching all your videos I feel really happy and I have some hopes now that I can also have financial stability in early age.
I'm in currently in last semester of Architecture. After doing internship and hearing experience of all seniors, got disappointed. But, currently thinking of learning new skills from Udemy, (UI/UX, Web designing,etc) to create an extra source of income from freelance. Let's hope, Architecture community gets more stronger.
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
मैं कुछ कहना चाहता हु लेकिन कुछ कह नहीं पाता हु आपका कार्य बहुत ही ऊंचे दर्जे का है आपसे बहुत जायदा ही सीखने मिलता है हमारे भारत देश को आपके ही जैसे निःस्वर्थ लोगो की आवस्यकता है
Wish ur videos were available when I was 25…never the less I’ve started now. Thank u so much for these amazing and enlightening videos that Im sure are helping numerous people. 🙏
Honestly, When I saw this link I thought of those 3 fastest ways to get rich that you discuss. But I am amazed how financial independence and "rich" are two really different yet similar concepts. Also great work as usual. Kudos!!!
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
It really is a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@@hushbash2989 Please can you leave the info of yo invstment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Thanks a lot sir … apki video Dekh k Mujhe Phli baar ye realise hua k …kam se kam hume excel chalana to jarur aana chaiye …Baaki chize to insaan kr hi lega …agr use life m kuch pana hh to 😁
😀😀 मैं तो 24 में रिटायर हो गया। इंजीनियरिंग करी 2019 में 1 प्लेसमेंट छोड़ दिया 2 प्राइवेट जॉब ऑफर लेटर लिया ज्वाइन नहीं करा 3 UP GOVT की GOVT JOB से रिजाइन दे दिया कल कुछ नही होता यार सिक्योरिटी , सब बकवास है जिंदगी खराब मत करो GOVT या PVT JOB में। कुछ खड़ा करो बड़ा करो टैक्स दो करोड़ो कमाओ देश बढ़ाओ। इंजीनियर हो तो सभी बाते समझ आएंगी। तुम 20 000 RS में अपना सब कुछ बेच रहे हो😀 CHUTIYE हो तुम। 5 साल में MILLIONARE बन जाओगे अगर ढंग का काम छोड़ो दुकान भी खोल लोगे😀😀
this is exactly what i explained my father a few months ago and literally forced him to forget about his ppf pension plan and start an sep in index funds. he just had his 50th birthday in sept. Well, i just hope we will together succeed in achieving our goals in the next 10-12 years. Thank you Ankur bhaiya for such great informative and value educational videos. pls dont stop and keep these coming. you are unknowingly changing a million lives :)
Here is my father with sarkari job getting 60 lac at age of 45 and also monthly pension of 60k 😅... And we have 2 houses without loan , 1 car , 3 two-wheeler and all other materialistic things like we'll furnished kitchen etc.. not I am the only one who needs to earn money *I want to ask is that good retirement?*
@@aayush5208 see, retirement is subjective. It depends on what is the cost of the lifestyle YOU want to be living for the rest of your life. If you feel 50k/month lifestyle is good enough for you then yes 60k/ month passive income should be a good retirement. But if you feel like no I want 1 lac/month lifestyle then you need to increase your passive income to 1lac/month before you think of retirement. Hope this helps :)
Really liking the vibes, his talks are real life experiences not just lines or theories from some business books. I always have 4 calculators open bcoz lack excel. Now hopefully will be learning.
Well he is jobless , that's why he is doing it. It's really easy to say, but in practical world u have to work unless u are really good at fooling people like he does by making useless youtube videos.
lol never ever follow anyone blindly . He is doing good making good videos but mistake can be done by anyone. This video is based on totally wrong calculation. It seems very funny that no-one checked it and everyone is just praising.
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
@@59595955 dost..i am not agree with you at all..you are talking only with one side.. At one stage i was also blaming this type of youtubers..but after proper understanding and realisation its actually important for all of us..whether we are middle class or whether we are lower middle class... Plz change your mindset brother..bcoz this comments which you have given its actually reminding my past miss perception about youtubers.. Think from both side brother... Regards from SOLUTION WITH CHIRAG
@@chakachakchirag3082 I totally agree with you bro and i also thought same but when i saw his videos then i realized the thing how it's important to work on mindset
Your simplicity in teaching is your biggest blessing. Thank you so much for creating this level of awareness and farsightedness. Being an educator I suggest you to take such workshops right from the school time in senior classes or in colleges . This should be covered in our curriculum, sooner the college students start saving and investing better the results they will get.
This is one of the rarest and best calculated plan explained i have ever through. Can't wait to come back here after 15 years and comment back that this worked for me :) Thank you so much!
Great video Ankur. I loved it :) People, pay attention to 15% per yr increment in investment amount, your early SIP is Rs. 15k which doesn't look so much but at age 40 your SIP needs to be Rs. 1,22,056 per month for this math to work. Keep working hard to be able to invest this SIP amount per month.
sure if you want decrease the increment in sip, u need to work on your expenses per month too.This is for 2lk/m expence. if you wanna spend that much sure you'd have to increase sip by 15%. you just need to tweak the parameters acc to see what's the correct measure for you!
@@rahul4024 You have used simple interest formula to calculate and come up with the amount 60k which is wrong. You should use compound interest formula and you’ll find that what I suggested above is correct. I also have an excel sheet but I can’t share the link in comments as it will get deleted.
The best part was you love ur work, you can say no to brands brcause u don't wanna work with them, u can say no to people because u wanna spend ur time with ur family. Sir many points u highlight in ur videos, I noticed my DAD is already doing that since many years. I learn things from him, and find some practical things in ur videos. Appriciated 👍👍👍
Investing 10k-15k at the age of 20 seems hypothetical. At 20-21 age, most people are just freshers out of college, doing internships or working at MNCs at fixed 3.6 ~ 4 LPA salary which translates to 22-25k in hand. Now after paying rent and other utilities, it's pretty difficult to invest 10k every month.
@@arunavv yes I understand there's no one-size-fits-all investment strategy that suits everyone. But since we're talking here about starting SIP from a age where most people have just began earning and at very early stage of their career, this doesn't make much sense. Only a very small % earns like 8-10LPA fresh out of college who can manage a 10k SIP every month
only in some cases where you can cost cut some things like when you have a parents house u can still live there right and you can travel in public transport and eat food which is less at cost, if you cut out everything like that its easy
This is totally possible in practical life.... Mai sochta tha ki yaar financial planning possible nhi h ... We can't presume our financial status by just only calculating money... But sir cleared very easily...it's all about consistently investment process.... WARIKOO sir is the best👍💯
Hey Ankur, this video topic completely summaries what I am already trying to achieve. And when like minded people meet. They achieve. Thanks for this video !
Loved the way explained by Ankur.. Amazing! Being a qualified CA I vouch for everything said in video.. Hardy 2 out of 100 people have such financial discipline
SIP of 10K with yearly increase of 10% then on 5th year SIP will be 16.1K and 10th year SIP amount will be 25.9K. and calculation for stating SIP of $15K with yearly increase of 15% then on 5th year SIP will be 30.2K and 10th year SIP amount will be 60.7K
I am 33 and already have INR 2 crore corpus (was able to work in the west, live frugally and save in my 20s, though my salary in western income standards was quite average). Looks like I am gearing up for retirement soon in India. Thanks Ankur for this insightful video.
Great excel calculator- one of the best I have seen - retirement is a state of mind - an active body and an active mind with meaningful work does not fuel the need for the feeling of retirement - just one point Ankur which was missing is add emergency expenses and medical expenses in potentially Item 1 etc - these are unpredictable and needs to be accounted for - as you age medical insurance and premiums are a challenge
Hi, I actually like this video as you practically put numbers in and explained it in almost layman terms. As a guy who's been observing the trend of spending bigger as you get paid big, I never had an idea of how much return a person should generate to sustain a middle class lifestyle until i watched this. I looked into the amount we need to spend for child's education which is 25 lakhs for a masters this year and a proper suburban house costing around 2 crores.... i just calculated that we really have to put all in until we retire which is the reality my parents tried to teach me from my childhood. I guess i am late to comment here but I'm glad i watched the video in time at the age of 26 to plan ahead! Thank you
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
You mentioned in the video that you'll mention certain equities where to invest, but didn't mention any. Can u please make another video explaining this stage. Thanks love ur videos ☺️
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
@@JaaOffendJaa I think it's pretty fair. 15% is the percentage you think you will grow year on year and I think the average appraisal percentage in mncs would be close to this value. If you switch companies the percentage is much higher but nonetheless if you don't think the numbers work for you , you can simply change it according to your assumptions right?
@@JaaOffendJaa Again, it is the assumption you make based on your year on year growth. If you have fixed 15% as your growth percentage then you either depend on appraisals/take up freelancing gigs/switch or whatever because YOU have decided that value. It's funny how you call bs on this video when everything explained was pure maths, what did you expect when you clicked on this video bruh
@@JaaOffendJaa It seems crazy, but you never know how much you'd earn then, it seems like a big amount, but, account for inflation as well, 10 years ago, 10k was a huge amount, now it is lesser. 10 years from now, 1L won't look as big as it does today.
IN FOREX/CRYPTOCURRENCY INVESTMENT YOUR FAILURE CANT BE INSURED, AND YOUR SUCCESS ALSO CAN'T BE GUARANTEED UNTILL YOU GOT AN EXPERT TRADER WHO'S A PROFESSIONAL IN THAT VERY FIELD
Success is always a secret, we are hearing people talking greatly about it but they are not willing to expose it to us how they make all these huge profits from trading everytime.
Thanks Ankur, for such an informative video and a very important life lesson. Where were you when I was 22 and just started earning? This should be taught in our colleges to kids in the final year as a mandatory class. Great work.
Not in college, this has to be taught since childhood by parents , by the time people reach college its hard for them to learn to be disciplined. some people stick to the point but most don't.
Sir, your lessons generate so much hope for youths like us. Ppl often keep on bragging of insufficient income, but your analysis actually shows how is it possible to be rich even out of a small income only with dedication and financial discipline. You are an inspiration sir. Keep on creating these wonderful content.
@@abhishekroy4227 but our spoonfeeder is absolute failed and selling only course ? , telling someone to do something is easy but doing something is hard so lets sell course and earn money for retirement thats the only way left
@@sattapatta7373 what is bothering you so much? Is it that you are unable to do anything as such and the person in your hate list has made it big and earned millions of subscribers?
I am struggling for getting admission in mbbs medical school. And when you wanna be a doctor, it is in 30's when your actual job starts. 30 saal ke hone tak toh padhai he karni padti hai 😆😆😆
I found him when i was late 25 ...and started investing at 26th year of my life😓 ...lost 6-7 years..because i belong to the batch where having high speed internet on phone was a dream...now i understand..why every year in life matters...
Be happy that you found him now not after next 10 years 😂 It's never too late for investing.. Even if you are 35nad have not started you can get financial freedom at 50. All the best.
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
Hi Ankur, As you clearly explained on SIP and increment percent etc please continue the video by adding in which all those SIP amount needs to be invested so that there is a fixed 15% return on it without any high volatility and safe manner.
Ankur sir, your content and thought process, and viewpoint towards financials are just so aspiring. Thank you for such real quality financial education for free. Much appreciated.
What a bs : IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15 ₹ 52,768.14 ₹ 60,683.37 ₹ 69,785.87 ₹ 80,253.75 ₹ 92,291.81 ₹ 1,06,135.59 this much respectively what a lame clickbait, have some shame though u were good
I agree with the point of PPF vs Equity. I also agree with the financial discipline. But the annual increment of 10-15% in the investment amount is slightly stretching to the Indian market. Avg annual hikes for the last three years have been hovering around 7-9%. Kudos for spreading the wisdom & the template.
Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Mr Jeff O'Reilly Cooper one of the best in crypto currency investment.
@warikoo Great and enlightening video. The monthly expenses in the retirement age sheet and accordingly used in the yearly view (and hence the money exhaustion age) are as of the time of retirement, not today. The subsequent ones are accounting for the inflation in the formula, but the 20 to 35 or 20 to 40 age inflation is not accounted for in the initial monthly expenses at retirement. Thought it was worth pointing as that changes all the calculations leading up to the age when the funds will last until. The formula for the first cell B4 should be 'Retirement Age'!$B$10 *(1+'Retirement Age'!$B$9)^ ('Retirement Age'!B2 - 'Retirement Age'!B1) to ensure Monthly expenses are as of today's money and account for inflation until retirement age in the calculations.
4:20 Valuable Lines 💖 Sir that is what i want i am just 16 and started hard working and investing from now because i want choices after atleast 35 in life and I don't want to go with the flow , i want choices what i want to do.
But i still think you should first invest that time in your studies for now and after 20 you can start investing, because it becomes a burden in your mind if you don't get the returns that you expected.
Simpler answer: The current inflation is at 6.4%. If your mortgage interest rate is lower than the inflation rate (it definitely is for you), just keep paying the monthly bills.
I don't see why you would want to throw available cash at a short duration mtg at a great rate unless your cash is sitting in a bank account at 0.01% You are within 5 years of paying off your house @2.65%,.This maybe a lower rate than for a new mtg., now ,since rates have gone up recently. Real estate prices are still pretty hefty, so if you need a house without stairs you might start looking now. If you wind up with less house than you currently have, that could eliminate having any mtg. at all and your cash beside.
I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.
@@mooreleigh8928 Really acknowledged your comment, My portfolio grew by 100% within 6 months. Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Jennifer Elizabeth Boland who has been helping me find investments that have significant growth potential. She invested my money in reputable companies which their stocks must always rise after any dip. Through her you can get strategies designed to address your unique long-term goals and financial dreams.
@@alinaally6048 Just researched Jennifer Elizabeth Boland’s accreditation online and qualifications on FINRA and SEC, she seems really solid and i have sent her a mail already hopefully she replies soon enough.
@warikoo, I have recently watched some of your video posts and thanks for spreading financial knowledge. Whilst it may be a wish for most to retire at 30, some may even achieve the goal in financial terms, few will actually take the plunge. Reason - Life is uncertain. The risks increase when you retire at 30 and expect to live 50 years until 80. It may be more prudent to reverse this equation - retire at 50 and live 30 years until 80. Use the monthly income (from salary) for consumption and gains from investment should be allowed to compound for the additional 20 years. Also, it is not always necessary to chase 15% CAGR returns. For e.g. in addition to the mandatory 12% contribution to EPF, I have been contributing an additional 88% of my basic salary towards VPF from day 1 when I started my career 22 years ago. I had to cut VPF contributions last year to 30% to stay below the 2.5 lakh threshold. Today, my PF balance (along with interest) is a 8 figure sum which on its own can replace my monthly expenses with post tax FD returns. It is also tax efficient with EEE advantages. Setting VPF contributions as a % of my basic also automatically taken care of incremental contributions with salary raise each year. My point being, in order to chase high returns, we shouldn't forget the basics. Would love to hear your views on this.
Hey Ankur, Thanks for your consistent sessions. A couple of edits to the excel can be to take into consideration any liabilities the person may currently have which gets removed from lumpsum investment. Another point is, any amount beyond lets say 90 Years or 100 years can be shown as Wealth.
Hi Ankur, thanks for sharing this. I would be careful of agreeing to the return as in SIP situation, the investment horizon of 10-15 years is only for 1st year and it decreases every year, hence one can be slightly moderate in return expectations. I also wanted you to consider tax impact in all the calculations or perhaps a good idea would be to consider post tax returns in the calculations, that would make the scenarios more realistic. Thanks 🙏 once again for your continuous education.
Hi Ankur, 88 lakhs inflation adjusted (6%) will be 49 lakhs Rs for 10 years and 36 lakhs Rs adjusted for 15 years.. please correct it as this will significantly change the duration and amount required now
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG??
@@johnsonfreebet407 Though I Was strictly warned not to go to the comment section but here and now I am sharing my testimony how profitably it is trading with Exp Mrs Diane
In fact it made my night, watching Ankur paaji videos at 1:30 am ist, after done with some of my study, mind it they are worth it to watch sacrificing our 10 min to watch his video at 2x.
Thank you for creating such awesome content. You are truly a guide/mentor to millions of us Question: What is a systematically accurate way to calculate monthly expenses at my desired age of retirement? I can have a ballpark number, but it would be nothing more than a guesstimate. Appreciate your feedback.
I really like your videos. @waikoo I'll suggest instead of one time withdrawal after retirement if someone withdraw the required money every month as SWP as they invested in SPI monthly format then the person can also get better returns. Where they can generate returns on the remaining months funds and that will eventually make the corpus last longer.
You can check out the excel sheet here: bit.ly/3kadHwa
(This is a view only sheet. You will have to download it and then edit it)
Get PDF Notes to this video at: bit.ly/3nYKKVe
Get insurance advice from Ditto: bit.ly/3xFh7OU
I use Zerodha to invest. You can start your investing journey too, through Zerodha.
zerodha.com/open-account?c=ZMPHCY
(PS: When you create a Zerodha account through this link, I get an affiliate fee. There is no additional charge to you)
smallcase All-Weather-Investing (what I recommend for all of you, if you are just started investing in stocks): link.smallcase.com/eBDwWqpgocb
Sir please tell me should I do MBA after work experience or directly after bba ki chlo ho jayega ab to
Aap aur excel sheets.....never ending story
Sir I'm 17 and I learned about crypto and invested some money form my father and I also earned some huge amount but I'm currently studying but I'm unable teach my parents about crypto what can i do sir pls help ☹️ and I'm so busy with my studys
@@jayasuriya8306 you can invest with 100 ruppes on coin dcx.
Hedge inflation with Bitcoin, hedge Bitcoin with Gold to generate wealth.And earnings from equities use it for daily needs. But first and foremost get an insurance. Getting insurance is like the contents page of a beautiful book called Returns!
I've seen many people explaining this but few can do it with such humor, warmth and in a reassuring manner. It feels like we are watching our cool all knowing (but very grounded) elder brother explaining the math before us..we are allowed to ask the stupidest questions because we genuinely feel nobody is judging...thanks for creating such an awesome channel and such a great virtual environment. It feels nice when that notification comes up. Keep going Ankur bhai.
Thanks so so so much :)))
@@warikoo Please come up with valuable insights through a video on 12% club.
@@warikoo I am a big fan of you and your videos. Your content is a big bowl of knowledge.
@@warikoo Hi, I might be wrong but starting with 1 lakh and a SIP of 10k with increase of 10% every year at 15% return for 10 years would end up with 44lakhs approx but according to the video it says 88lakhs which is strange.
@@pratikyadav6097 correct this video is wrong
This is what we call real value addition to the society. Financial education at its best. Thank you so much sir for sharing your knowledge..
To all the people who want to retire before 30! We are all in this together and we will get our freedom 💙
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then
Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?
Sonya Lee Mitchell is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
This is one of the best videos on financial freedom I have seen. Making it so simple that literally anyone could understand it. I've always known the meaning of financial freedom but they way you put it in words makes it so simple. And I love the fact that this is not some overblown tactic you are trying to sell which will get us freedom by 30. But spitting facts on how something is possible, something is not and what one can do make it possible with math. Great video! Thank you!
I'm an architect in my field we start working individually in our 30s. This is quite frustrating because we don't get paid enough at our jobs. And also while working individually won't give much money to us....but nowadays after watching all your videos I feel really happy and I have some hopes now that I can also have financial stability in early age.
Architecture aspirant here, how can I contact you ?
I'm in currently in last semester of Architecture. After doing internship and hearing experience of all seniors, got disappointed. But, currently thinking of learning new skills from Udemy, (UI/UX, Web designing,etc) to create an extra source of income from freelance. Let's hope, Architecture community gets more stronger.
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
Architect here too... It's frustrating to be poor in 30s...
@@JaaOffendJaa Has he implemented this?
Waiting sir for this kind of video
Thanks for this video sir
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
@@JaaOffendJaa tu single source of income ke mind set se yehi soch sakta hai.
मैं कुछ कहना चाहता हु लेकिन कुछ कह नहीं पाता हु आपका कार्य बहुत ही ऊंचे दर्जे का है आपसे बहुत जायदा ही सीखने मिलता है हमारे भारत देश को आपके ही जैसे निःस्वर्थ लोगो की आवस्यकता है
Wish ur videos were available when I was 25…never the less I’ve started now. Thank u so much for these amazing and enlightening videos that Im sure are helping numerous people. 🙏
I never comment on any videos but thank you so much sir, I'm 21 rn learning personal finance from you for free is a privilege. Thank you sir 🙏🙏
Honestly, When I saw this link I thought of those 3 fastest ways to get rich that you discuss. But I am amazed how financial independence and "rich" are two really different yet similar concepts. Also great work as usual. Kudos!!!
Thank you Harshita :))
Exactly
That’s correct
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
It really is a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@@hushbash2989 Please can you leave the info of yo invstment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
How lucky are we to get people like warikoo sir teach us how to plan our finances at 20s.. a true gem 💎 .. much love from Nepal 🇳🇵 sir
Thanks a lot sir … apki video Dekh k Mujhe Phli baar ye realise hua k …kam se kam hume excel chalana to jarur aana chaiye …Baaki chize to insaan kr hi lega …agr use life m kuch pana hh to 😁
Same here man.
😂😂😂😂
😀😀 मैं तो 24 में रिटायर हो गया।
इंजीनियरिंग करी 2019 में
1 प्लेसमेंट छोड़ दिया
2 प्राइवेट जॉब ऑफर लेटर लिया ज्वाइन नहीं करा
3 UP GOVT की GOVT JOB से रिजाइन दे दिया कल
कुछ नही होता यार सिक्योरिटी , सब बकवास है जिंदगी खराब मत करो GOVT या PVT JOB में। कुछ खड़ा करो बड़ा करो टैक्स दो करोड़ो कमाओ देश बढ़ाओ।
इंजीनियर हो तो सभी बाते समझ आएंगी। तुम 20 000 RS में अपना सब कुछ बेच रहे हो😀 CHUTIYE हो तुम। 5 साल में MILLIONARE बन जाओगे अगर ढंग का काम छोड़ो दुकान भी खोल लोगे😀😀
Hahahahahaha
@@PrashantKumar-tc9fs bhai dukaan hi kholni thi to engineering kyu kare Bhai 😂
this is exactly what i explained my father a few months ago and literally forced him to forget about his ppf pension plan and start an sep in index funds. he just had his 50th birthday in sept. Well, i just hope we will together succeed in achieving our goals in the next 10-12 years. Thank you Ankur bhaiya for such great informative and value educational videos. pls dont stop and keep these coming. you are unknowingly changing a million lives :)
👆Invest now and settle for the future, Whats'app me now!! 🚀
Awesome awesome
Scammers at their best 😂😂😂😂
Here is my father with sarkari job getting 60 lac at age of 45 and also monthly pension of 60k 😅... And we have 2 houses without loan , 1 car , 3 two-wheeler and all other materialistic things like we'll furnished kitchen etc.. not I am the only one who needs to earn money
*I want to ask is that good retirement?*
@@aayush5208 see, retirement is subjective. It depends on what is the cost of the lifestyle YOU want to be living for the rest of your life. If you feel 50k/month lifestyle is good enough for you then yes 60k/ month passive income should be a good retirement. But if you feel like no I want 1 lac/month lifestyle then you need to increase your passive income to 1lac/month before you think of retirement. Hope this helps :)
Me watching this at 34.
Target 40
Are you already having 2 cr ?
At 32 :)
At 35
At 17.
Really liking the vibes, his talks are real life experiences not just lines or theories from some business books. I always have 4 calculators open bcoz lack excel. Now hopefully will be learning.
Well he is jobless , that's why he is doing it. It's really easy to say, but in practical world u have to work unless u are really good at fooling people like he does by making useless youtube videos.
lol never ever follow anyone blindly . He is doing good making good videos but mistake can be done by anyone. This video is based on totally wrong calculation. It seems very funny that no-one checked it and everyone is just praising.
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
@@59595955 dost..i am not agree with you at all..you are talking only with one side..
At one stage i was also blaming this type of youtubers..but after proper understanding and realisation its actually important for all of us..whether we are middle class or whether we are lower middle class...
Plz change your mindset brother..bcoz this comments which you have given its actually reminding my past miss perception about youtubers..
Think from both side brother...
Regards from SOLUTION WITH CHIRAG
@@chakachakchirag3082 I totally agree with you bro and i also thought same but when i saw his videos then i realized the thing how it's important to work on mindset
Your simplicity in teaching is your biggest blessing. Thank you so much for creating this level of awareness and farsightedness.
Being an educator I suggest you to take such workshops right from the school time in senior classes or in colleges . This should be covered in our curriculum, sooner the college students start saving and investing better the results they will get.
THAT LIGHT GONE SYCN WITH THE TRADITIONAL FD ROAST WAS EPIC. 😂😂 "LOVE YOU SENIOR"
Thanks Ankur, you are a man with genuine intent to help people!
This is Gold
This is one of the rarest and best calculated plan explained i have ever through. Can't wait to come back here after 15 years and comment back that this worked for me :) Thank you so much!
Great video Ankur. I loved it :)
People, pay attention to 15% per yr increment in investment amount, your early SIP is Rs. 15k which doesn't look so much but at age 40 your SIP needs to be Rs. 1,22,056 per month for this math to work. Keep working hard to be able to invest this SIP amount per month.
Not possible. Even if u invest 1 lakh every month for 15 years total amount will be around 5 crore. In this video calculations went off.
@@stranger2978 exactly ,then there is no meaning of this video
sure if you want decrease the increment in sip, u need to work on your expenses per month too.This is for 2lk/m expence. if you wanna spend that much sure you'd have to increase sip by 15%. you just need to tweak the parameters acc to see what's the correct measure for you!
Bhai in 21 years 15k per month plus 15% every YEAR becomes 60k per month.
What calculator you used?
@@rahul4024 You have used simple interest formula to calculate and come up with the amount 60k which is wrong. You should use compound interest formula and you’ll find that what I suggested above is correct. I also have an excel sheet but I can’t share the link in comments as it will get deleted.
You are truly a genius...thank you very much for a simple explanation. Please make a video of financial planning for short term goals.
The best part was you love ur work, you can say no to brands brcause u don't wanna work with them, u can say no to people because u wanna spend ur time with ur family. Sir many points u highlight in ur videos, I noticed my DAD is already doing that since many years. I learn things from him, and find some practical things in ur videos. Appriciated 👍👍👍
Great content. This should be included in school+ college syllabus to make young people more educated and aware.
Hmm of course even many literate people are unaware of many financial elements.
Investing 10k-15k at the age of 20 seems hypothetical. At 20-21 age, most people are just freshers out of college, doing internships or working at MNCs at fixed 3.6 ~ 4 LPA salary which translates to 22-25k in hand. Now after paying rent and other utilities, it's pretty difficult to invest 10k every month.
The concept remains the same. No one can make a video that goes for everyone, right?
@@arunavv yes I understand there's no one-size-fits-all investment strategy that suits everyone. But since we're talking here about starting SIP from a age where most people have just began earning and at very early stage of their career, this doesn't make much sense. Only a very small % earns like 8-10LPA fresh out of college who can manage a 10k SIP every month
Arijit - saving pet kaat ke(avoiding unnecessary expenses)hi hoti hai yaar. Sooner you learn this, faster you get financial freedom.
This absolutely makes sense
only in some cases where you can cost cut some things like when you have a parents house u can still live there right and you can travel in public transport and eat food which is less at cost, if you cut out everything like that its easy
That moment when you say "Kya mein 2 saal ma retier ho sakta hu" 🔥🔥
Huge respect for you sir 🙏
This is totally possible in practical life.... Mai sochta tha ki yaar financial planning possible nhi h ... We can't presume our financial status by just only calculating money... But sir cleared very easily...it's all about consistently investment process.... WARIKOO sir is the best👍💯
Your expression while you spoke about FD, it hit next level and the last concluding statement.❤️Thank you so much Ankur warikoo for Being you🙏💞
Ummm
Banks be like who’s this Warikoo ruining our FD relations 😂😂
😂😂😂
I was just watching ur ads but now I love this finance trick ..
Thanks
Hey Ankur, it was a great video, but it would be great if tax would have also been considered which over a period of time plays a significant role🙂
+1
Following*
*Following
Just add 10% with your annual withdrawal as LTCG. You won't be paying any income tax this time.
Hey Ankur, this video topic completely summaries what I am already trying to achieve. And when like minded people meet. They achieve. Thanks for this video !
Watching your videos is like listening to a parent give his son financial advice.
love from nepal
I am 20 and now lucky to have this knowledge.
The Last Line "Value your time instead of money" was EPIC.
Bas Excel sheet me hi retire ho sakte hai😂😂😂
Ye bhai har video me excel sheet me hi retire karwata he😂
Loved the way explained by Ankur.. Amazing!
Being a qualified CA I vouch for everything said in video..
Hardy 2 out of 100 people have such financial discipline
Bhaut bekar CA h fir to
where is taxation on investment ? who will consider
it ? CA ?
That's true sir, it's very difficult to maintain such discipline for 10 year without deviating the funds.
You are CA, but you can't see that calculations are wrong in the video.
@Barkha Gehlot open any sip calculator (according to the video) and put those numbers and you will find out the correct answers.
Thank you Warikoo for this lovely excel sheet and simple advice. Appreciate it!
Things we generally ignore out of fear or some other reason, are the most important lessons for life.....sir thanks a lot.
SIP of 10K with yearly increase of 10% then on 5th year SIP will be 16.1K and 10th year SIP amount will be 25.9K.
and calculation for stating SIP of $15K with yearly increase of 15% then on 5th year SIP will be 30.2K and 10th year SIP amount will be 60.7K
I am 33 and already have INR 2 crore corpus (was able to work in the west, live frugally and save in my 20s, though my salary in western income standards was quite average).
Looks like I am gearing up for retirement soon in India.
Thanks Ankur for this insightful video.
In India, you will get relatives to invest in so think before you come 😂😂😂
Very good yaar. I'm proud of you.
Great excel calculator- one of the best I have seen - retirement is a state of mind - an active body and an active mind with meaningful work does not fuel the need for the feeling of retirement - just one point Ankur which was missing is add emergency expenses and medical expenses in potentially Item 1 etc - these are unpredictable and needs to be accounted for - as you age medical insurance and premiums are a challenge
Please tell me.. how to download it?
Yes please..
Hi, I actually like this video as you practically put numbers in and explained it in almost layman terms. As a guy who's been observing the trend of spending bigger as you get paid big, I never had an idea of how much return a person should generate to sustain a middle class lifestyle until i watched this. I looked into the amount we need to spend for child's education which is 25 lakhs for a masters this year and a proper suburban house costing around 2 crores.... i just calculated that we really have to put all in until we retire which is the reality my parents tried to teach me from my childhood. I guess i am late to comment here but I'm glad i watched the video in time at the age of 26 to plan ahead! Thank you
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Thanks, I will love to be your friend dear, as well as sharing some lessons and ideas about your earning
@@creghamilton433 can share some business tips like..........
1.Crypto
2. Stocks
3.Shores
@@christinasawyerr1284 please share more, don't want to remain out of ignorance
@@christinasawyerr1284 It's not ignorance but unprofessional broker in the market....
Investing in cryptocurrency now will be the best thing to do especially with the current rise in the market....
The best practical calculation I have ever seen, this video was genuinely fabulous
I'm 30 now and I just started investing 😭😭😭😭 my goal is 40-45 years
ACCURATELY SPOKEN to
INVESTMENT EXPECIALLY IS REALLY
PROFITABLE NOWADAYS
Bitcoin is the most profitable
investment online if only you trade with
a professional broker
Share your personal success stories
How do I get a
professional broker I have been wasting
my time trading on my own and blowing
up my account
No doubt but there are
still good and trustworthy broker out
there waiting for investors
he made forex easier than we thought
You mentioned in the video that you'll mention certain equities where to invest, but didn't mention any. Can u please make another video explaining this stage. Thanks love ur videos ☺️
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
@@JaaOffendJaa I think it's pretty fair. 15% is the percentage you think you will grow year on year and I think the average appraisal percentage in mncs would be close to this value. If you switch companies the percentage is much higher but nonetheless if you don't think the numbers work for you , you can simply change it according to your assumptions right?
@@srirangsathyan3972 what is ur age ? And 15% increment every year milta hai and about switch can u switch every year ?
@@JaaOffendJaa Again, it is the assumption you make based on your year on year growth. If you have fixed 15% as your growth percentage then you either depend on appraisals/take up freelancing gigs/switch or whatever because YOU have decided that value. It's funny how you call bs on this video when everything explained was pure maths, what did you expect when you clicked on this video bruh
@@JaaOffendJaa It seems crazy, but you never know how much you'd earn then, it seems like a big amount, but, account for inflation as well, 10 years ago, 10k was a huge amount, now it is lesser. 10 years from now, 1L won't look as big as it does today.
Thank you for a beautiful calculator!
IN FOREX/CRYPTOCURRENCY INVESTMENT
YOUR FAILURE CANT BE INSURED,
AND YOUR SUCCESS ALSO CAN'T BE
GUARANTEED UNTILL YOU GOT AN EXPERT
TRADER WHO'S A PROFESSIONAL IN THAT
VERY FIELD
Success is always a secret, we are
hearing people talking greatly about it
but they are not willing to expose it to
us how they make all these huge profits
from trading everytime.
I still believe there are forex trading
professionals in some part of world we
haven't gotten access to reach yet.
Understanding the various phases is
critical because it can assist you in
preparing and forecasting future price
movements
T heard there are Expert who knows how
to forecast the very well.
A lot of investors got confused about
how the traders use their money, wanna
know how the money is being used
Thanks Ankur, for such an informative video and a very important life lesson. Where were you when I was 22 and just started earning? This should be taught in our colleges to kids in the final year as a mandatory class. Great work.
Not in college, this has to be taught since childhood by parents , by the time people reach college its hard for them to learn to be disciplined. some people stick to the point but most don't.
It should be taught since childhood...Not in college..
Sir, your lessons generate so much hope for youths like us. Ppl often keep on bragging of insufficient income, but your analysis actually shows how is it possible to be rich even out of a small income only with dedication and financial discipline. You are an inspiration sir. Keep on creating these wonderful content.
its only hope practicle is different
If someone fails to materialise this practically even after such spoonfeeding, then its his/her failure. Nothing else
@@abhishekroy4227 but our spoonfeeder is absolute failed and selling only course ? , telling someone to do something is easy but doing something is hard so lets sell course and earn money for retirement thats the only way left
its true, may be feels bad
@@sattapatta7373 what is bothering you so much? Is it that you are unable to do anything as such and the person in your hate list has made it big and earned millions of subscribers?
Best video....for financial planning... Maan geye .boss...
🙌🙌🙌🙌🙌🙌🙌
I am struggling for getting admission in mbbs medical school. And when you wanna be a doctor, it is in 30's when your actual job starts. 30 saal ke hone tak toh padhai he karni padti hai 😆😆😆
I’ve completed my mbbs this year at 24years and have been doing a job for last 8months.
@@m.sap.7x hi I am an fmge student and I will complete my mbbs at 25. Is that any difference between an fmge and indian graduate 🧐🧐?
But after 30 doctors start earning and then earn till death. Not only that they earn mostly tax-free. This video is not for everyone I guess 😂
IT REALLY FEELS GREAT TO WATCH YOUR VIDEO FEELS REFRESHING!!!
Jab bhi excel sheet me apne startup ka calculation krti hun... Mujhe Ankur warikoo hi yaad atte h... With that tone 'Excel Excel'😂😂
Kya startup hai aapkq
he he same here
startup kounse industry ka h
😂😂🤣🤣🤣
@Prateek Sharma Zuckerberg se mang lo
Wow ur explanation is too good and in a very jolly way....
I really planned my whole life with this man's excel sheets!... Why I didn't find him at my 20's 🙏❤️😭
I found him when i was late 25 ...and started investing at 26th year of my life😓 ...lost 6-7 years..because i belong to the batch where having high speed internet on phone was a dream...now i understand..why every year in life matters...
@@adwaitvedant3297 Sir mai toh 15 saal ka hun aur investing ke duniya mein Aa chuka hun
@@siddharthgaikwad5517 best of luck Bhaijaan ❤️✨
Be happy that you found him now not after next 10 years 😂
It's never too late for investing.. Even if you are 35nad have not started you can get financial freedom at 50. All the best.
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
Hi Ankur, As you clearly explained on SIP and increment percent etc please continue the video by adding in which all those SIP amount needs to be invested so that there is a fixed 15% return on it without any high volatility and safe manner.
Hi Ankur, Thanks for sharing the idea of financial freedom. The thing you can measure you can control. So true in this case also.
What a Great Overview you provided with facts and numbers. Really liked it and will for sure be using this excel sheet for retirement planning 😊
It happened automatically where my hands went up and clapped at the end of the video. This is like finding a Gem. Thanks Warikoo.
Ankur sir, your content and thought process, and viewpoint towards financials are just so aspiring. Thank you for such real quality financial education for free. Much appreciated.
Excellent your calculation and also your way of speaking.
Great explanation 👍👍👍👍👍
Lovely Ankur, keep inspiring and motivating us like this!
What a bs :
IF we need to increase our investment by 15% for 15 years, do u know what is our monthy investment would be in 10,11,12,13,14,15
₹ 52,768.14
₹ 60,683.37
₹ 69,785.87
₹ 80,253.75
₹ 92,291.81
₹ 1,06,135.59
this much respectively what a lame clickbait, have some shame though u were good
I agree with the point of PPF vs Equity. I also agree with the financial discipline. But the annual increment of 10-15% in the investment amount is slightly stretching to the Indian market. Avg annual hikes for the last three years have been hovering around 7-9%. Kudos for spreading the wisdom & the template.
10 percent of sip amount
@@amol8855 I meant, to increase the SIP amount by 10-15% one's salary should increase also by 10-15% provided expenditure remains same.
Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Mr Jeff O'Reilly Cooper one of the best in crypto currency investment.
Wow I just made my first withdrawal today, trading with Mr Jeff O'Reilly fx.
Indeed he is an expert
All thanks to my aunty who introduced him to me.
Who's this professional everyone is talking about, I always see his name at top comments on every RUclips video I watched.
I think for people to talk this good about him, he must be a pro, please how Can I get in touch with him.
This video was tremendous 👏 👌
Sir, now we must say : "Excel pe khelenge, retire ho jayenge"😂
Sir, excel sheet link not opening
Hahahha
2021: If you want to retire before 30, watch this.
2051: If you want to retire before 10, watch this.
Nothing but a publicity stunt...people are earning in many ways
❤️🔥❤️🔥❤️🔥❤️🔥
OMG! prafful also watches this channel. Two of my hero in a single place.
This day isn't that bad!
Really
mba bro..😯💖
@@Sammy-4447 yeah he also watch him
Fake account 🤣🤣
Good teacher.... Thank you sir.... Worth knowledge
Love the way you explain things❤️
@warikoo Great and enlightening video. The monthly expenses in the retirement age sheet and accordingly used in the yearly view (and hence the money exhaustion age) are as of the time of retirement, not today. The subsequent ones are accounting for the inflation in the formula, but the 20 to 35 or 20 to 40 age inflation is not accounted for in the initial monthly expenses at retirement. Thought it was worth pointing as that changes all the calculations leading up to the age when the funds will last until.
The formula for the first cell B4 should be 'Retirement Age'!$B$10 *(1+'Retirement Age'!$B$9)^ ('Retirement Age'!B2 - 'Retirement Age'!B1) to ensure Monthly expenses are as of today's money and account for inflation until retirement age in the calculations.
It's all about discipline and direction 🔥
The best financial vedio ever ..thankyou
We would probably have to scam someone to be able to retire in 2 years 😂, always love your content sir.💯👌
4:20 Valuable Lines 💖 Sir that is what i want i am just 16 and started hard working and investing from now because i want choices after atleast 35 in life and I don't want to go with the flow , i want choices what i want to do.
But i still think you should first invest that time in your studies for now and after 20 you can start investing, because it becomes a burden in your mind if you don't get the returns that you expected.
I’m 62 and retired with $57,000 left on my mortgage and $600,000 saved in my portfolio for retirement - should I pay off my home now?
Simpler answer: The current inflation is at 6.4%. If your mortgage interest rate is lower than the inflation rate (it definitely is for you), just keep paying the monthly bills.
I don't see why you would want to throw available cash at a short duration mtg at a great rate unless your cash is sitting in a bank account at 0.01% You are within 5 years of paying off your house @2.65%,.This maybe a lower rate than for a new mtg., now ,since rates have gone up recently. Real estate prices are still pretty hefty, so if you need a house without stairs you might start looking now. If you wind up with less house than you currently have, that could eliminate having any mtg. at all and your cash beside.
I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.
@@mooreleigh8928 Really acknowledged your comment, My portfolio grew by 100% within 6 months. Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Jennifer Elizabeth Boland who has been helping me find investments that have significant growth potential. She invested my money in reputable companies which their stocks must always rise after any dip. Through her you can get strategies designed to address your unique long-term goals and financial dreams.
@@alinaally6048 Just researched Jennifer Elizabeth Boland’s accreditation online and qualifications on FINRA and SEC, she seems really solid and i have sent her a mail already hopefully she replies soon enough.
@warikoo, I have recently watched some of your video posts and thanks for spreading financial knowledge. Whilst it may be a wish for most to retire at 30, some may even achieve the goal in financial terms, few will actually take the plunge. Reason - Life is uncertain. The risks increase when you retire at 30 and expect to live 50 years until 80. It may be more prudent to reverse this equation - retire at 50 and live 30 years until 80. Use the monthly income (from salary) for consumption and gains from investment should be allowed to compound for the additional 20 years. Also, it is not always necessary to chase 15% CAGR returns. For e.g. in addition to the mandatory 12% contribution to EPF, I have been contributing an additional 88% of my basic salary towards VPF from day 1 when I started my career 22 years ago. I had to cut VPF contributions last year to 30% to stay below the 2.5 lakh threshold. Today, my PF balance (along with interest) is a 8 figure sum which on its own can replace my monthly expenses with post tax FD returns. It is also tax efficient with EEE advantages. Setting VPF contributions as a % of my basic also automatically taken care of incremental contributions with salary raise each year. My point being, in order to chase high returns, we shouldn't forget the basics. Would love to hear your views on this.
Really nice Dear Sir, very realistic and helpful to us to get financial knowledge. Thanks
Just amazing 💙
Wooowww... This was mind blowing. Great math and super awesome excel-excel. Thank you for spreading such great content. 🙏🏻😁
Hey Ankur, Thanks for your consistent sessions. A couple of edits to the excel can be to take into consideration any liabilities the person may currently have which gets removed from lumpsum investment. Another point is, any amount beyond lets say 90 Years or 100 years can be shown as Wealth.
Very infirmative session. I need one more session where I can be guided on the terminologies of SIPs and the process investing in it
Hi Ankur, thanks for sharing this.
I would be careful of agreeing to the return as in SIP situation, the investment horizon of 10-15 years is only for 1st year and it decreases every year, hence one can be slightly moderate in return expectations.
I also wanted you to consider tax impact in all the calculations or perhaps a good idea would be to consider post tax returns in the calculations, that would make the scenarios more realistic.
Thanks 🙏 once again for your continuous education.
Correct Sir
Hm
Yes post tax calculations would be more realistic
Sir ,aap ek kaam karo Ankur ji ki trhe same excel bna k with taxes yha link share kurdo , instead of considering everything Ankur would do.
Hi Ankur, 88 lakhs inflation adjusted (6%) will be 49 lakhs Rs for 10 years and 36 lakhs Rs adjusted for 15 years.. please correct it as this will significantly change the duration and amount required now
It's not 8cr it's 88 lakh , the calculation are wrong
Wow, what a video. Thank you so much sir🙂
Sir you open my eyes thanks 🙏💯💕
Fake hei
Sir, every year 15% increase in monthly SIP is very hard for a salaried person who is not having more than 10% yearly increment
this is for 2lk/m expense. If you decrease your expences, you don't have to increase the sip by 15%
Go to work on a cycle, will save you a lot
You should create alternate sources of income over the time along with job.
does it have to be like 10% on initial amount i.e. 10k or we need to 10% every year
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sir you are really great that this much amount of knowledge is been given to all person without any charges
that signing off makes my day
In fact it made my night, watching Ankur paaji videos at 1:30 am ist, after done with some of my study, mind it they are worth it to watch sacrificing our 10 min to watch his video at 2x.
OMG a heart from anukur wariko
MY BAD to realize this late
Thank you for creating such awesome content. You are truly a guide/mentor to millions of us
Question: What is a systematically accurate way to calculate monthly expenses at my desired age of retirement? I can have a ballpark number, but it would be nothing more than a guesstimate.
Appreciate your feedback.
I really like your videos. @waikoo I'll suggest instead of one time withdrawal after retirement if someone withdraw the required money every month as SWP as they invested in SPI monthly format then the person can also get better returns. Where they can generate returns on the remaining months funds and that will eventually make the corpus last longer.
What a fantastic and realistic idea